1. Value-Added Tax Law No. 48/2024/QH15 dated 26 November 2024 (“2024 VAT Law”) The 2024 VAT Law, passed by the National Assembly and officially effective from 01 July 2025, introduced numerous new provisions aimed at simplifying tax procedures, expanding the bases for tax collection, and ensuring fairness among taxable entities. Some notable new points are

1. Law on Data No. 60/2024/QH15 dated 30 November 2024 (“2024 LOD”) The 2024 LOD, enacted by the National Assembly and effective from 01 July 2025, established a modern legal framework that unlocks the enormous potential of data and protects the legitimate rights and interests of citizens in the sustainable digitization process with certain notable

1. Law No. 37/2024/QH15 amending and supplementing the Law on Asset Auction (“Law Amending the Law on Auction”) The Law Amending the Law on Auction was enacted by the National Assembly. It took effect on 01 January 2025, marking a significant advancement in the transparency and modernization of auction activities – a sector that has

1. Decree No. 108/2024/ND-CP regulating the management, use, and exploitation of non-residential public real estates assigned to local housing management and business organizations for management and exploitation (“Decree 108”) In practice, the management, use, and exploitation of non-residential public real estates (“NRPREs”) had already been regulated by several legal documents. However, the wasteful and inefficient

A. TELECOMMUNICATIONS 1. LAW ON TELECOMMUNICATIONS No. 24/2023/QH15 dated 24 November 2023 (“2023 Law on Telecommunications”) On 24 November 2023, the National Assembly passed the 2023 Law on Telecommunications, which expands the regulatory scope to include several new services such as data center services, cloud computing services, and basic telecommunications services on the internet. This

A. ELECTRONIC TRANSACTIONS 1. Law on Electronic Transactions No. 20/2023/QH15 passed by the National Assembly on 22 June 2023 (“LOET”) “Creating a favorable legal corridor for the digital transformation across all industries and sectors” Serving as a crucial legal framework in the country’s digital transformation, the LOET was enacted not only to remove obstacles from

A. BIDDING 1. Law on Bidding No. 22/2023/QH15 passed by the National Assembly on 23 June 2023 “Addressing bidding obstacles in the healthcare sector and simplifying the bidding process” On 23 June 2023, the National Assembly passed the Law on Bidding No. 22/2023/QH15 (“Law on Bidding”). Serving as a crucial legal framework for regulating public

A. REAL ESTATE 1. Law on Housing No. 27/2023/QH15 dated 27 November 2023 Law on Housing No. 27/2023/QH15 was adopted by the National Assembly on 27 November 2023, consisting of 13 Chapters and 198 Articles (“Law on Housing”), which introduces various progressive amendments to the country’s housing policy. In overview, the new Law on Housing

IMMIGRATION Law No. 23/2023/QH15 dated 24 June 2023 amending and supplementing several articles of Law on Entry and Exit of Vietnamese Citizens and Law on Entry, Exit, Transit and Residence of Foreigners in Vietnam (“Immigration Law 2023”). On 24 June 2023, the National Assembly passed Law No. 23/2023/QH15, which amends and supplements several articles of